New Zealand Inflation Slows More Than Expected to 3-Year Low

Annual CPI rate falls to 3.3% from 4% in previous quarter Three main banks now see RBNZ rate cuts starting sooner New Zealand inflation slowed more than forecast to its weakest in three years in the second quarter even as domestic price pressures persisted. The...

New York Manufacturing Contracts for an Eighth Straight Month

Empire State factory index eased this month to minus 6.6 Prices received by state manufacturers dropped to one-year low New York state factory activity contracted for an eighth straight month in July while a measure of prices received by producers declined to a...

Kolanovic Departure Triggers an Echo on Wall Street From 1999

Charles Clough leaving Merrill then was a sign of dot-com top Traders wonder if stock market history is repeating itself It’s been about 25 years since Wall Street had a serious bear hunt. And it appears another one is starting up now. Early on Aug. 27, 1999, the...